Wolfspeed (WOLF) Income from Discontinued Operations (2015 - 2023)

Wolfspeed (WOLF) has reported Income from Discontinued Operations for 9 consecutive years, with -$18.5 million the latest figure, recorded in Q4 2023.

• On a quarterly basis, Income from Discontinued Operations rose 1.6% year-over-year to -$18.5 million in Q4 2023; TTM through Sep 2024 was -$18.5 million, a 94.38% increase from a year earlier, with the FY2024 full-year figure at -$290.6 million, down 318.73% from the prior year.
• Income from Discontinued Operations was -$18.5 million for Q4 2023 at Wolfspeed, up from -$272.1 million in the prior quarter.
• Over five years, Income from Discontinued Operations peaked at $49.2 million in Q2 2022 and troughed at -$272.1 million in Q3 2023.
• A 5-year average of -$46.4 million and a median of -$18.5 million in 2023 frame the typical range for Income from Discontinued Operations.
• Across the five-year window, Income from Discontinued Operations tumbled 7353.33% in 2020 and jumped 2150.0% in 2022, its largest moves.
• Over 5 years, Income from Discontinued Operations stood at $3.9 million in 2019, then sank by 828.21% to -$28.4 million in 2020, then soared by 91.55% to -$2.4 million in 2021, then plunged by 683.33% to -$18.8 million in 2022, then grew by 1.6% to -$18.5 million in 2023.
• The last three Income from Discontinued Operations figures came in at -$18.5 million (Q4 2023), -$272.1 million (Q3 2023), and -$22.1 million (Q2 2023), per Business Quant data.